Company Registration No. 06631717 (England and Wales)
Wright and Pryce Limited
Unaudited accounts
for the year ended 30 June 2020
Wright and Pryce Limited
Unaudited accounts
Contents
Wright and Pryce Limited
Company Information
for the year ended 30 June 2020
Company Number
06631717 (England and Wales)
Registered Office
Highfield Grange
Northfield Road, Bubwith
Selby
North Yorkshire
YO8 6DP
Accountants
JLA Accounting Limited
9 Flora Avenue
Darlington
DL3 8PF
Wright and Pryce Limited
Statement of financial position
as at 30 June 2020
Cash at bank and in hand
27,709
9,042
Creditors: amounts falling due within one year
(3,761)
(6,278)
Net current assets
25,756
6,762
Total assets less current liabilities
26,275
7,541
Creditors: amounts falling due after more than one year
(16,717)
-
Called up share capital
2
2
Profit and loss account
9,556
7,539
Shareholders' funds
9,558
7,541
For the year ending 30 June 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 July 2020 and were signed on its behalf by
Mr R Brooks
Director
Company Registration No. 06631717
Wright and Pryce Limited
Notes to the Accounts
for the year ended 30 June 2020
Wright and Pryce Limited is a private company, limited by shares, registered in England and Wales, registration number 06631717. The registered office is Highfield Grange, Northfield Road, Bubwith, Selby, North Yorkshire, YO8 6DP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
4
Tangible fixed assets
Computer equipment
Accrued income and prepayments
557
370
Wright and Pryce Limited
Notes to the Accounts
for the year ended 30 June 2020
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
283
-
Taxes and social security
2,789
2,955
Loans from directors
136
257
7
Creditors: amounts falling due after more than one year
2020
2019
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).